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Finance

Everton sale sees US investors massing at the gates looking for a deal

June 10 – With the drawn-out acquisition of Everton by 777 Partners now firmly dead in the water, new suitors are gathering at Goodison’s gates, most of them with US money.

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Finance

Premier League to trial two new spending cap systems next season

June 7 – The Premier League announced on Thursday that it will trial two new spending cap systems starting next season.

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Finance

Mourinho’s arrival at Fenerbache adds £135m to club’s market cap

June 6 – Fenerbahce stock has soared after the Turkish League side appointed former Real Madrid, Chelsea and Manchester United coach Jose Mourinho.

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Finance

Man City legally challenge Premier League financial rules claiming ‘a tyranny of the majority’

June 5 – English champions Manchester City have launched legal action against the Premier League ahead of their hearing over 115 charges of breaching financial rules.

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Europe

Valencia progress financing of stalled Nou Mastella stadium build

June 5 – LaLiga’s Valencia CF say they have made significant progress in their long-running effort to complete their new stadium following the sale of land around the stadium site.

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Finance

Watford launch digital share offering looking to raise £17.5m for 10% of club

June 5 – English Championship club Watford is looking to raise £17.5million via a digital share offering with part of the funding to be used to strengthen the playing squad.

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Finance

New owners Oaktree Capital load up Inter Milan board with five of their own

June 5 – Having taken ownership of Italy’s Serie A champions on Internazionale on May 22, US investment fund Oaktree Capital Management has wasted no time taking control, appointing a new 10-person board.

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Finance

Moshiri on the hunt for new buyer after 777 Partners deal for Everton collapses

June 4 – Everton, who managed to survive in the English Premier League despite a points deduction, have been plunged into further disarray following the collapse of the long drawn-out takeover of the club by US-based consortium 777 Partners.

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Finance

Chelsea unveils plan to split women’s team business from men’s and bring in new investors

May 31 – With Chelsea Women entering a new era, and Sonia Bompastor replacing Emma Hayes who has already landed in the US for her new role as women’s national team manager, the club has unveiled a long-term strategic plan to develop the women’s team as a stand-alone entity to the men’s team and infrastructure.

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Finance

Red Bull buy minority stake in Leeds United and take shirt sponsorship

Leeds United

May 30 – Leeds United have announced that Red Bull have acquired a minority ownership stake in the club and will also become their front-of-shirt sponsor in a multi-year deal. 

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Finance

Bellingham at €280m is world’s most valuable player, with Foden and Saka capping English trio in top six

May 30 – Real Madrid and England star Jude Bellingham is the world’s most valuable player, according to a CIES Football Observatory ranking that looks at the transfer values of the top 100 players in the world.

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Europe

Ineos in talks with UEFA over ownership stakes in Europa League rivals Man Utd and Nice

May 29 – Manchester United’s new owners insist a solution will be found to allow United and Nice, who they also own, to compete in the Europa League next season.

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Finance

Textor puts Crystal Palace stake up for sale and expresses interest in Everton

May 27 – Crystal Palace co-owner and American businessman John Textor has said he wants to sell his stake in the English Premier League club as Palace is no longer “a perfect fit” for his portfolio of football interests.

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Finance

Oaktree take control of Inter Milan after Suning default in €395m debt

May 23 – US-based fund Oaktree Capital Management has formally issued a statement that it has taken ownership of the Serie A champions Internazionale after Suning Holdings Group, led by Steven Zhang, defaulted on a €395 million loan taken out three years ago.

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Finance

Oaktree poised to take control of Inter Milan as loan repayment deadline looms today

May 21 – Serie A champions Inter Milan could have a forced changed of ownership at the end of today if the club fails to repay a €270 million loan, plus interest, that was granted in 2021.

Read more …

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